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Scoop.it!
In the first major deployment of contactless technology on bus services outside London, Stagecoach has announced plans to bring tap-and-go payments t 
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Scoop.it!
Samsung won't be charging anyone for Samsung Pay when it rolls out the mobile payment service in Korea -- not card issuing banks and not payment processors,
Vineet Anand's insight:
Samsung Pay will acquire adoption with Issuers, Processors, and Merchants to drive acceptance. The success will be determined by having a good consumer base that actively uses Samsung Pay - a number closely linked to number of Loop Pay enabled Samsung devices sold! I doubt Samsung Pay have built a better mouse trap than Google Wallet, however with Google Wallet and Samsung Pay, Android users will have mobile payments in their hands across a subset of Andriod smartphones. These Android driven mobile payments will give a boost to mobile ecosystem creating greater consumer awareness and potentially driving greater merchants to consider NFC based transaction acceptance at POS! More NFC terminals - greater Apple Pay and Android based mobile payments.
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
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76 million cards in UK now contactless, growth of 40% over next year. Contactless is enabled at London's 9,600 buses and with Stagecoach moving towards contactless with mobile NFC acceptance to fuel further growth.